Ryanair announced on September 3, 2024, that it achieved a significant milestone in August 2024, with a record 20.5 million passengers, marking an 8% increase compared to August 2023, when 18.9 million passengers were recorded. The airline’s load factor remained steady at 96% for both months. Ryanair operated over 111,800 flights in August 2024. For […]
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The Italian government has seen sharp increases in the overnight stay tax on hotels and other tourist accommodation, both in order to increase revenues in cities, at a time when Italy is facing great pressure on its public finances, and to meet the challenge of over-tourism. The government’s latest proposal, published by the Financial Times, […]
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Global room nights sold through the Mirai platform increased by 11%, with Spain up 12% and ADR up 7%. Spain’s main inbound markets saw growth in the UK, US and Germany in terms of room nights. Javier Delgado Muerza, Managing Director EMEA at Mirai commented: “This remarkable increase in the share of direct hotel bookings […]
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The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s June 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. From June 2023 to June 2024 there is a strong hotel construction. Construction rates have increased by […]
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British Airways and Aer Lingus owner International Airlines Group said they were in a “good position” for the summer peak, while the forecast said a first-quarter net loss fell to €4 million. EUR 87 million euro in the same period last year. IAG produced an improved operating profit of €68 million in the three months […]
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Increased bookings and prices, both in the current winter season and in the Summer of 2024, are recorded by TUI, with Greece “leading” in summer bookings, as revealed by the leading travel agency, releasing the data for the first quarter of the new financial year (October to December 2023). With the current 8% annual increase […]
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Tui will hold its prices in face of a shortage of supply in the lates market to Spain this summer, but the group insists it won’t take advantage by raising prices. Chief executive Fritz Joussen said customers “would not understand” if rooms cost more. He told Travel Weekly: “I expect a shortage of supply in […]
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